Government of India
Ministry of Law, Justice & Company
Affairs
Department of Company Affairs
New Delhi, the
27th April, 2000
G.S.R.364(E).- In exercise
of the powers conferred by sub-section (1) of section 294AA of the Companies
Act, 1956 (1 of 1956), the Central Government being of the opinion that the
demand for the category of goods specified in the Table below is substantially
in excess of the production or supply of such goods and that the services of the
sole selling agents will not be necessary to create a market for such goods,
hereby declares that sole selling agents shall not be appointed by any company
for the sale of such goods in India for a period of three years from the date of
publication of this notification in the Official Gazette.
Every category of “Bulk drugs”, “drugs” and “formulations” as defined in
the Drugs (Prices Control) Order, 1987 not being :-
(i)
Any bonafide preparation
included in the Ayurvedic (including Siddha) or Unani (Tibb) systems of
medicine; or
(ii)
any preparation included in
the Homoeopathic system of medicine.
( F. No. 5/10/2000-CL.V)
A. RAMASWAMY,
Jt. Secretary